Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) announced a monthly dividend on Friday, October 30th. Investors of record on Thursday, November 12th will be given a dividend of $0.0870 per share on Tuesday, December 1st. This represents a $1.04 annualized dividend and a yield of 9.5%. The ex-dividend date of this dividend is Thursday, November 12th. This is a 0.7% decrease from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.0876.
Allspring Utilities and High Income Fund Price Performance
Shares of NYSEAMERICAN ERH opened at $11.03 on Tuesday. The stock has a 50 day moving average price of $10.71 and a 200 day moving average price of $11.72. Allspring Utilities and High Income Fund has a 52 week low of $10.16 and a 52 week high of $12.90.
Allspring Utilities and High Income Fund Company Profile
Allspring Utilities and High Income Fund is a closed-end investment fund listed on the NYSE American under the symbol ERH. The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing in a portfolio of utility-related securities and high-income investments.
Its portfolio may include common stocks, preferred stocks, convertible securities and debt issued by companies in the utilities sector, including electric, gas, telecommunications and related infrastructure businesses.
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